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HomeMy WebLinkAboutCC RES 95-122i RESOLUTION NO. 95-122 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, FINDING THAT THE USE OF 3 TAXES ALLOCATED FROM THE SOUTH CENTRAL PROJECT AREA FOR THE PURPOSE OF ACQUIRING PROPERTY AND 4 UNDERTAKING REHABILITATION ACTIVITIES AT 14722 NEWPORT AVENUE WILL BE OF BENEFIT TO THE 5 PROJECT. 6 The City Council of the City of Tustin does hereby resolve as follows: 7 WHEREAS, the Community Redevelopment Agency of the 8 City of Tustin (the "Agency") has adopted a Redevelopment Plan (the' "Redevelopment Plan") for the South Central 9 Project Area (the "Project"); and 10 WHEREAS, the Redevelopment~ Plan provides for the allocation of taxes from the Project Area; and 11 WHEREAS, Section 33445 of the Health and Safety Code 12 provides that Redevelopment tax increment funds may be used outside of-a project area if'a findigg is made by 13 the Agency and the City Council that such use will be of benefit to the adjacent Project Area and there are no 14 other reasonable means of financing the acquisition and cost of improvements; and 15 WHEREAS, the City of Tustin has determined that 16 development of a youth center would benefit the Southwesterly portion of the City, the boundary of which 17 includes residential target areas located immediately adjacent to but outside the South Central Redevelopment 18 Project Area; and 19 WHEREAS, the South Central Redevelopment Project Area and Five Year South Central Project implementation 20 authorizes the upgrading- of substandard public infrastructure systems and public facilities and the 21 installation and construction of new public improvements to meet the requirements of existing and new development 22 in the South Central Project Area. 23 WHEREAS, the South Central Five Year Implementation Plan specifically recommended a program -to provide 24 recreation facilities to benefit children, young adults and families in the South Central Project Area. 25 26 27 28 Resolution No. 95-122 Page 2 1 2 3 NOW, THEREFORE, the City Council of the City of Tustin does hereby find and resolve as follows: 4 Section 1: The City Council hereby finds that the 5 use of taxes allocated from'the South Central Project Area to be used outside the boundaries of the Project 6 Area for the purpose of acquisition and rehabilitation activities at 14722 Newport Avenue for development of a 7 youth center will be of direct benefit to the South Central Project Area and that no other reasonable means 8 of financing for said project are available in the Community. PASSED AND ADOPTED at a regular meeting of ~he City 10 Council held on the 20th day of November 1995. City Clerk ~5 STATE OF CA~I~O~IA ) 16 CO~T~ O~ O~IGE ) SS CITY O~ TgSTIN ) ~7 CE~TZ~ICATION ~O~ CIT~. CO~CI~ ]~SO~ION NO. 95-1~ 18 ~2~f~Z_~ STOKER, City Clerk and ex-officio Clerk of the 19 City Council of the City of Tustin, California does hereby certify that the whole number of the numbers of 20 the City Council of the City of Tustin is 5; .that the above and foregoing Resolution No. 95-122 was duly and 21 regularly introduced, passed and adopted at a regular meeting of the City Council held on the 20th day of 22 November, 1995, by the following vote: 23 COUNCILMEMBER AYES: Potts,.Worley, Doyle, Saltarelli, Thomas COUNCILMEMBER NOES: None 24 COUNCILMEMBER ABSTAINED: None COUNCILMEMBER ABSENT: None 26 , _ PAMELA STO~KER~'~ 27 City Clerk DO:SR\ccves~\~-10.cs 28